Spineguard risk profile
56 Elevated one input has moved against it
Measured 21 October 2026 from ALSGD's filed statements. Recomputed nightly.
56 (Elevated), driven by Cash conversion at 100, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 82 | Acute | Volatile | One-year price volatility — 77.1% |
| Operating pressure | 41 | Elevated | Worsening | Operating-margin drift — -16.9 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -0.11x |
| Leverage and coverage | 44 | Elevated | Easing | Interest cover — -3.49x |
| Competitive position | 50 | Elevated | Stable | Revenue-growth gap against peers — -39.7 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.